Master Tec Group Berhad and its subsidiary are principally involved in the manufacturing and distribution of power cables, control and instrumentation cables, and other related products. They are also involved in the trading of power cables, fibre optic cables, and other related products.

Shares to be issued/offered:
IPO in conjunction with the listing of Master Tec Group Berhad on the ACE Market comprising:

(i) Public issue of 158,100,000 new ordinary shares in Master Tec Group Berhad (“Shares”) in the following manner:
51,000,000 new Shares made available for application by the Malaysian public;
2,144,000 new Shares made available for application by the eligible directors and employees of Master Tec Group Berhad; and
104,956,000 new Shares by way of private placement to selected investors; and

(ii) Offer for sale of 127,500,000 existing Shares by way of private placement to identified Bumiputera investors approved by the Ministry of Investment, Trade and Industry.

News: https://www.thestar.com.my/business/busines...ipo-green-light

Prospectus: https://www.bursamalaysia.com/market_inform...?ann_id=3410804





This post has been edited by ronnie: Jan 29 2024, 07:38 AM

another jati tinggi, main customer is TNB, ini supply power cable

Still has time to think

its a Good buy ?

TNB their main customer.... if you trust TNB, then good to buy

Any TP so far ?

sure Trust TNB because Monopoly

No other electrical supply in Peninsular Malaysia... unlike Telco.. got few offering their services... Electric No others company supply to our house / factory / shops...

Buy buy buy
Company plan to invest into middle voltage cable
Cater for those electric vehicles charging station use
Upside

Any ticket no to share?

seems like many skipped???

silence

Even ib silence lor, no fv even thoughts open for a looonnngg time.

All the best to the shareholders.

#tayor

Something fishy going on 🤔🧐

ticket baru sampai 1200

2morrow mb 5000

Pls share ticket no tomorrow

too many ipo this month

Grabbb

FV 40-50 cent https://theedgemalaysia.com/node/697655

Quite good...can apply if like this

DAMN GOOOD

Not bad FV given 🔥

Done applied

any IPO reference number ?

Nope
Using cgs
Only maybank will display ref number

should have in "application status", how reliable is that dont know

In doubt...
Want to apply or not 🙏

Apply lo
better profit margins than southern cable
TNB their main supplier

PIVB FV 0.48

No number here?😅

Cgs number don't correlate with the participant number .
It's a rolling over from previous ipo
Only maybank give out the participant number by ref number

CIMB 996xx

I think the number jumble up and not in sequence , even just within minutes the gap is big

Interesting 🤔

Let me think about it...
Have another few hours to go

Reference around 3.8k

i'll apply on 4:45PM to see the late numbers hahahha

Erm~ no many apply 🤔

Applied..

Ref numbers already hit 4k 🔥

MTEC IPO RM0.39

FV

APEX RM0.50
PBB RM0.48

Positive FV

MITI 💯 allocation news
Market status: very bad, LD, ATL (something is cooking)
Ichipo hight risk, low return.
Ipo in the market: 6 (KJTS, MTEC, TSA, HE, WENTEL, AGX)

Difficult month, dont know what to expect.

#tayor

Apply some ....num 4261

OTW 5k 🔥

just apply : 48++ otw to 4900, can reach 5k or more

Highly possible to be over 5k...
Maybe even reach 6k 🔥

Yes..we have application fr other banks as well

coming Monday shall know the oversubscribe rate

The number from MBB application covers the total ballot application.

How to check the reference number?

only shown if you applied via Maybank2U website

Which bank?

Is the balloting table out?

Is it at the confirmation page?

inside the PDF receipt
not on the confirmation page

Ballot on 22/1/24

Not that early...
On ballots day, after 5pm only
Monday is ballots day

This post has been edited by theevilman1909: Jan 19 2024, 08:05 PM

so what's the ref number?
already hit 5k or not

Ballot is up

7.11x oversubscribed

Bumi allocation 💯

#tayor

https://www.mih.com.my/storage/attachment/b...ROUP-BERHAD.pdf

bumi very lucky...

until 499k application range...
u get whatever amount of shares applied

100% allocation to BUMI....

>35% chance for Non-Bumi....

actually good or not ?

The company actually is good fundamental
Not sure why the application rate quite low

normally bumi one always higher chance...

but I think this time first I see bumi get like 100% allocation meanwhile public get less 50% chance for until 499k application range...

Happened before, balance from MITI given to public bumis.

#tayor

no wonder...

just after u mentiond.

realized total shares allocated is more than public.

so MITI is unsubscribe

this month too many ipo, split out the funding

how well does it perform on opening day (29/1/2024)

CNY ang pau ohhhhhh

tak banyak lah mb 10cts profit

fuyoh market hot hot again leow

This post has been edited by pileepalah: Jan 23 2024, 10:45 AM

DRAGON CNY jackpot

This post has been edited by IPO ADDICT: Jan 23 2024, 09:39 AM

Something than nothing 🎉

Tiger tail ...

Oppsss very POWERFUL DRAGON YEAR

This post has been edited by IPO ADDICT: Jan 23 2024, 09:41 AM

Cimb result out

so dapat allocation lah?

Yes
Don't know is a good thing or bad thing

wait for listing then

Why nobody share the balloting table for this IPO lol

https://www.mih.com.my/storage/attachment/b...ROUP-BERHAD.pdf

This post has been edited by coolguy99: Jan 23 2024, 07:38 PM

Have you check the first post ? Or post #58?

This post has been edited by ronnie: Jan 23 2024, 09:19 PM

Did even you read any of the post??

Already got above 😒

Got lucky to get the MasterTec IPO.... let's huat on 29-Jan
Result from MBB application

This post has been edited by ronnie: Jan 23 2024, 11:28 PM

Wow, quite surprised when maybank IPO table status say Cleared.
Never happenned to me before.

Congratulations 🎉

what does it mean by "Cleared "

successfully being allocated

Example of M2U IPO Status



ronnie

cleared = apply amount = amount allocated

DRAGON YEAR JACKPOT WAITINGG

IPO CRAZY is BACK again

huat ah
ong ah
heng ah

hope for good opening like kjts

huat ah

JACKPOT incoming soon

DRAGON FRUIT
dragon inn
sure bombastic

START OPENING AT 0.88 CTS

This post has been edited by pileepalah: Jan 27 2024, 09:11 PM

IPO MANIA IS BACK again

JOLLY Dragon year 2024

Not looking very huat it seems hahahha

I smell danger guys....
.

Warren Buffett >>

BE GREEEEEEEDY when others ARE SWEATINGG

IPO hungry is BACK $$$$$

not looking great is it... hmm..